Empowering your organization to embrace a data culture with Power BI and Power BI Usage Insights
Individuals and organizations both produce a large amount of data rapidly, and it takes specific skills to analyze and make decisions according to this data.
This ability of organizations to use this data to come up with informed strategies and decisions is called data culture.
Data culture can help organizations become more efficient overall by improving their business strategies and ROI. According to a study by McKinsey, 60% of respondents say that up to 20% of their organization’s EBIT can be attributed to its data-and-analytics activities.
Data culture can also help organizations gain an in-depth knowledge of their customers. According to a study by Forbes, they are 23 times more likely to acquire customers than their competitors. Understanding customers can also help organizations build and sustain successful products in the markets.
Power BI for data culture
41% of Excel users state that spreadsheets alone cannot handle data volumes, and data is only good as the analysis you can do with it. This is where Power BI comes in.
Power BI assists organizations make better decisions by helping them visualize the data they collect and base their decisions on this data. It includes vast data visualization capabilities for organizations to use in their dashboards. Organizations can create bar charts, columns, maps, matrices, line charts, scatter, pie charts, tables, etc.
The Power BI community also creates free custom dashboard elements that organizations can leverage to expand their dashboards’ capabilities. Power BI also gives you the option of making your own visuals to use in your dashboard.
To help organizations connect directly to their favorite cloud data sources such as Dynamics 365, Excel, SharePoint, Salesforce, etc., Power BI has a vast library of 150+ free connectors making sure all their data is in one place. It can even scale to support vast tenants by integrating with Microsoft Teams, Excel, PowerPoint, etc., making it easy for users to collaborate.
To help protect customer data, Power BI leverages Microsoft Information Protection to protect data exported out of Power BI and Microsoft Cloud App Security to flag suspicious activities within dashboards.
Power BI also gives organizations the option to upload dashboards and reports to their Power BI server. Reports uploaded to the Power BI server can be shared via a share link, allowing users with the link to open it without the need to access any of the underlying data. This link also updates in real-time to help organizations keep track of time-sensitive data.
Power BI Usage Insights
Power BI’s ease of use can lead to a proliferation of use across business units in an organization, eventually leading to dashboard usage that is difficult to track, making governance challenging to achieve.
Organizations can gain insights into dashboard usage and establish corporate governance policies with Power BI Usage Insights (PBIUI). PBIUI provides organizations with a Power BI dashboard that tracks usage analytics from other dashboards in their IT environment. Tracking dashboard usage analytics allows PBIUI users to gain insights into dashboard usage rates, allowing for use cases like identifying those which may be over and underutilized, abandoned, or even POCs that never made it to production.
Gaining insights into Power BI dashboard usage rates also enables organizations to unlock other use cases like:
- Prioritizing support for vital and highly used dashboards
- Identifying dashboards that may have errors or need updates
- Optimizing IT spend by eliminating unused dashboards and the IT resources they’re running on
The Power BI dashboard linked below is a live demonstration of PBIUI. Feel free to interact with the dashboard and gain an idea of what you can do with it.
This blog was originally published 10/15/2019 and has since been updated.